13,656 Shares in Molson Coors Beverage Company $TAP Bought by Summitry LLC

Posted by Brenda Bartman on May 26th, 2026

Summitry LLC bought a new position in shares of Molson Coors Beverage Company (NYSE:TAP – Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 13,656 shares of the company’s stock, valued at approximately $637,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Dodge & Cox lifted its position in Molson Coors Beverage by 29.4% during the 3rd quarter. Dodge & Cox now owns 18,631,224 shares of the company’s stock worth $843,063,000 after acquiring an additional 4,235,029 shares during the period. State Street Corp lifted its position in Molson Coors Beverage by 19.2% during the 3rd quarter. State Street Corp now owns 10,516,810 shares of the company’s stock worth $475,886,000 after acquiring an additional 1,693,682 shares during the period. Royal London Asset Management Ltd. lifted its position in Molson Coors Beverage by 317.9% during the 2nd quarter. Royal London Asset Management Ltd. now owns 2,044,028 shares of the company’s stock worth $98,297,000 after acquiring an additional 1,554,851 shares during the period. M&T Bank Corp lifted its position in Molson Coors Beverage by 16,111.2% during the 4th quarter. M&T Bank Corp now owns 1,499,699 shares of the company’s stock worth $70,006,000 after acquiring an additional 1,490,448 shares during the period. Finally, Dimensional Fund Advisors LP lifted its position in Molson Coors Beverage by 22.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 6,425,043 shares of the company’s stock worth $290,741,000 after acquiring an additional 1,195,249 shares during the period. 78.46% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Molson Coors Beverage

In other news, Director Andrew Thomas Molson acquired 2,000 shares of the business’s stock in a transaction on Monday, March 9th. The stock was bought at an average cost of $46.67 per share, for a total transaction of $93,340.00. Following the purchase, the director owned 24,654 shares in the company, valued at approximately $1,150,602.18. This represents a 8.83% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Geoffrey E. Molson sold 1,245 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $42.50, for a total value of $52,912.50. Following the sale, the director owned 9,871 shares of the company’s stock, valued at approximately $419,517.50. This trade represents a 11.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 2.27% of the stock is currently owned by insiders.

Molson Coors Beverage Stock Performance

NYSE TAP opened at $42.52 on Tuesday. The stock has a market capitalization of $7.97 billion, a price-to-earnings ratio of -4.00 and a beta of 0.44. Molson Coors Beverage Company has a twelve month low of $40.64 and a twelve month high of $54.82. The company has a current ratio of 0.54, a quick ratio of 0.38 and a debt-to-equity ratio of 0.38. The stock has a 50-day moving average of $42.83 and a 200 day moving average of $46.07.

Molson Coors Beverage (NYSE:TAP – Get Free Report) last released its quarterly earnings results on Friday, May 1st. The company reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.26. The company had revenue of $2.35 billion during the quarter, compared to analysts’ expectations of $2.33 billion. Molson Coors Beverage had a positive return on equity of 9.79% and a negative net margin of 16.14%.Molson Coors Beverage’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.50 EPS. Sell-side analysts anticipate that Molson Coors Beverage Company will post 4.74 EPS for the current fiscal year.

Molson Coors Beverage Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Friday, May 29th will be paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 4.5%. The ex-dividend date is Friday, May 29th. Molson Coors Beverage’s payout ratio is -18.05%.

Analysts Set New Price Targets

TAP has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $42.00 price target on shares of Molson Coors Beverage in a research report on Friday, May 1st. The Goldman Sachs Group lifted their price target on Molson Coors Beverage from $48.00 to $50.00 in a research report on Friday, May 1st. Jefferies Financial Group lowered their price target on Molson Coors Beverage from $45.00 to $43.00 and set a “hold” rating for the company in a research report on Monday, April 20th. UBS Group lowered their price target on Molson Coors Beverage from $50.00 to $45.00 and set a “neutral” rating for the company in a research report on Tuesday, April 7th. Finally, Barclays lowered their price target on Molson Coors Beverage from $43.00 to $41.00 and set an “underweight” rating for the company in a research report on Friday, May 1st. Four investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $45.59.

Check Out Our Latest Analysis on Molson Coors Beverage

Molson Coors Beverage Company Profile

(Free Report)

Molson Coors Beverage Company is a leading multinational brewing and beverage enterprise formed through the 2005 merger of Canada’s Molson and the United States’ Coors. The company develops, markets and distributes an array of alcoholic and non-alcoholic beverages, focusing primarily on beer and ready-to-drink products. Its portfolio spans flagship brands such as Coors Light, Molson Canadian and Miller Lite, alongside craft-style offerings like Blue Moon and global imports including Carling and Staropramen.

In addition to its core beer business, Molson Coors has expanded into adjacent categories to capture evolving consumer tastes.